When combatting fraud, you will need to look closely at how payment details are collected. In the world of online payments, most payment details are captured via a webpage rather then dealing directly with an employee. For more information on Payment fraud click here
This presents a risk as this can increase the chance that a customer might be deceptive with their transaction. While the exact measures you can take will vary and depend on your business model, here are 2 common examples where you can put safe guards in place to prevent fraud.
- If all your customers are required to register with you before transacting, you can add a login prior to the payment.
- In the event your payment page is open for anyone to access, you can look at adding reCaptcha to prevent automated bot attacks.
If you suspect Fraud please follow this link
For more information on some of our Fraud prevention tools please follow these links.